Utilize this API to Get Rhodium (XRH) Historical Prices for Comparative Analysis
Utilize this API to Get Rhodium (XRH) Historical Prices for Comparative Analysis
In the ever-evolving landscape of metal markets, the demand for accurate and timely data has never been more critical. As a developer or data analyst, having access to reliable historical prices for metals like Rhodium (XRH) can empower you to make informed decisions and conduct comparative analyses. This blog post delves into the transformative capabilities of the Metals-API, a powerful tool that provides real-time and historical data on various metals, including Rhodium.
About Rhodium (XRH)
Rhodium, represented by the symbol XRH, is a precious metal that has gained significant attention in recent years due to its unique properties and applications. It is primarily used in catalytic converters for automobiles, making it a critical component in reducing harmful emissions. As the world shifts towards greener technologies, the demand for Rhodium is expected to rise, leading to increased interest in its market dynamics.
The digital transformation in metal markets has paved the way for technological innovations that enhance data analytics and insights. With the integration of smart technologies, developers can leverage real-time data to create applications that provide valuable insights into market trends and price fluctuations. The Metals-API serves as a bridge between raw data and actionable insights, enabling developers to build next-generation applications that cater to the needs of investors, traders, and analysts.
API Description
The Metals-API is designed to provide developers with comprehensive access to metal prices and currency conversion data. Its innovative architecture allows for seamless integration into various applications, making it an invaluable resource for those looking to analyze metal prices over time. The API offers a range of endpoints, each tailored to meet specific data needs, from real-time rates to historical data.
One of the standout features of the Metals-API is its ability to deliver real-time exchange rate data, updated at intervals depending on your subscription plan. This ensures that users have access to the most current information available, which is crucial for making timely decisions in the fast-paced metal market.
For developers looking to conduct historical analyses, the Metals-API provides access to historical rates dating back to 2019. This feature allows users to query the API for specific dates, enabling them to track price movements and identify trends over time. The API also includes endpoints for bid and ask prices, currency conversion, and time-series data, making it a comprehensive solution for all metal pricing needs.
Key Features and Endpoints
The Metals-API boasts a variety of endpoints that cater to different analytical needs:
- Latest Rates Endpoint: Depending on your subscription plan, this endpoint returns real-time exchange rate data updated every 60 minutes, every 10 minutes, or even more frequently. This feature is essential for traders who need to make quick decisions based on the latest market conditions.
- Historical Rates Endpoint: Access historical rates for most currencies dating back to 2019. By appending a specific date to your query, you can retrieve historical prices for Rhodium and other metals, allowing for in-depth comparative analysis.
- Bid And Ask Endpoint: This powerful feature enables you to retrieve real-time bid and ask prices, providing insights into market liquidity and pricing dynamics.
- Convert Endpoint: The Metals-API includes a currency conversion endpoint, allowing you to convert any amount from one metal to another or to/from USD. This is particularly useful for traders operating in multiple currencies.
- Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice. This endpoint is invaluable for analyzing trends over specific periods, helping you to identify patterns and make predictions.
- Fluctuation Endpoint: Retrieve information about how metal prices fluctuate on a day-to-day basis. This endpoint can help you understand market volatility and make informed trading decisions.
- Carat Endpoint: Access information about gold rates by carat, which is essential for jewelers and investors in the jewelry market.
- Lowest/Highest Price Endpoint: Query the API to get the lowest and highest prices for a specific date, providing insights into market extremes.
- Open/High/Low/Close (OHLC) Price Endpoint: This endpoint allows you to retrieve the open, high, low, and close prices for a specific date, which is crucial for technical analysis.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, which is particularly useful for those involved in the London Metal Exchange.
- API Key: Your unique API key is required to access the API, ensuring secure and authorized use of the service.
- API Response: The Metals-API delivers exchange rates relative to USD by default, ensuring consistency in your data analysis.
- Available Endpoints: With 14 different API endpoints, the Metals-API provides a comprehensive suite of tools for metal price analysis.
- Supported Symbols Endpoint: This endpoint returns all available currencies, allowing you to stay updated on the latest symbols supported by the API.
- News Endpoint: Retrieve the latest news articles related to various metals, keeping you informed about market developments.
API Endpoint Examples and Responses
To illustrate the capabilities of the Metals-API, let's explore some example responses from various endpoints:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1763820052,
"base": "USD",
"date": "2025-11-22",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744,
"XCU": 0.294118,
"XAL": 0.434783,
"XNI": 0.142857,
"XZN": 0.344828
},
"unit": "per troy ounce"
}
This response provides real-time exchange rates for various metals, including Rhodium. The "rates" object contains the current price for each metal, allowing for immediate analysis.
Historical Rates Endpoint
{
"success": true,
"timestamp": 1763733652,
"base": "USD",
"date": "2025-11-21",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
This example shows how to access historical rates for a specific date, providing valuable data for comparative analysis over time.
Time-series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-11-15",
"end_date": "2025-11-22",
"base": "USD",
"rates": {
"2025-11-15": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-11-17": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-11-22": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
The time-series endpoint allows you to track price changes over a specified period, which is essential for identifying trends and making predictions.
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1763820052,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
This response demonstrates how to convert a specified amount from one metal to another, showcasing the versatility of the Metals-API.
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-11-15",
"end_date": "2025-11-22",
"base": "USD",
"rates": {
"XAU": {
"start_rate": 0.000485,
"end_rate": 0.000482,
"change": -3.0e-6,
"change_pct": -0.62
},
"XAG": {
"start_rate": 0.03825,
"end_rate": 0.03815,
"change": -0.0001,
"change_pct": -0.26
},
"XPT": {
"start_rate": 0.000915,
"end_rate": 0.000912,
"change": -3.0e-6,
"change_pct": -0.33
}
},
"unit": "per troy ounce"
}
The fluctuation endpoint provides insights into how metal prices change over time, which is crucial for understanding market volatility.
OHLC (Open/High/Low/Close) Price Endpoint
{
"success": true,
"timestamp": 1763820052,
"base": "USD",
"date": "2025-11-22",
"rates": {
"XAU": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
},
"XAG": {
"open": 0.03825,
"high": 0.0383,
"low": 0.0381,
"close": 0.03815
},
"XPT": {
"open": 0.000915,
"high": 0.000918,
"low": 0.00091,
"close": 0.000912
}
},
"unit": "per troy ounce"
}
This endpoint is essential for traders who rely on open, high, low, and close prices for technical analysis and decision-making.
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1763820052,
"base": "USD",
"date": "2025-11-22",
"rates": {
"XAU": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
},
"XAG": {
"bid": 0.0381,
"ask": 0.0382,
"spread": 0.0001
},
"XPT": {
"bid": 0.000911,
"ask": 0.000913,
"spread": 2.0e-6
}
},
"unit": "per troy ounce"
}
This response provides current bid and ask prices, which are crucial for understanding market dynamics and making informed trading decisions.
Conclusion
In conclusion, the Metals-API is an invaluable resource for developers and analysts looking to access real-time and historical data on metals like Rhodium (XRH). Its comprehensive suite of endpoints allows for detailed analysis, enabling users to track price movements, conduct comparative analyses, and make informed decisions based on accurate data. By leveraging the capabilities of the Metals-API, you can stay ahead in the competitive metal market and harness the power of data analytics to drive your strategies.
For more information on how to integrate the Metals-API into your applications, refer to the Metals-API Documentation. To explore the full range of supported metal symbols, visit the Metals-API Supported Symbols page. With the right tools and insights, you can unlock the potential of metal market data and drive your success in this dynamic field.